Punjab National Bank PAYAL IFSC Code
Punjab National Bank PAYAL IFSC Code (PUNB0456100), MICR, address and contact information.
Punjab National Bank PAYAL IFSC Code: PUNB0456100
The verified IFSC Code for Punjab National Bank, PAYAL branch in DISTTLUDHIANA, PUNJAB is PUNB0456100. This 11-character alphanumeric code is assigned by the Reserve Bank of India (RBI) to uniquely identify this branch across all digital fund transfer networks in India, including NEFT, RTGS, and IMPS.
The branch is situated at PAYAL, DISTTLUDHIANA, PUNJAB. Paper cheque clearing operations for this branch are routed through MICR Code 141024152.
| Bank Name | Punjab National Bank |
|---|---|
| IFSC Code | PUNB0456100 |
| MICR Code | 141024152 |
| Branch Name | PAYAL |
| Address | PAYAL |
| Contact Number | Not Available |
| City / District | DISTTLUDHIANA / PAYAL ,DISTT LUDHIANA |
| State | PUNJAB |
IFSC Code Format Breakdown
IFSC vs MICR Code
| IFSC Code (Indian Financial System Code) | MICR Code (Magnetic Ink Character Recognition) |
|---|---|
| Used for online fund transfers (NEFT, RTGS, IMPS). | Used for clearing physical cheques in the clearing house. |
| 11-character alphanumeric code. | 9-digit numeric code. |
| Can be found on cheque books and bank passbooks. | Printed at the bottom of the cheque using magnetic ink. |
Fund Transfer Limits & Timings
| Transfer Type | Minimum Limit | Maximum Limit | Timings |
|---|---|---|---|
| NEFT | ₹1 | No limit (varies by bank/account type) | 24x7, 365 Days |
| RTGS | ₹2,00,000 | No limit (varies by bank/account type) | 24x7, 365 Days |
| IMPS | ₹1 | ₹5,00,000 | 24x7, 365 Days (Instant) |
How to Transfer Money Using IFSC Code PUNB0456100
Follow these steps to send funds via NEFT, RTGS, or IMPS from any bank account to Punjab National Bank PAYAL:
- Open your Banking App: Log in to your bank's Internet Banking portal or mobile banking app.
- Navigate to Fund Transfer: Go to the Transfers tab and choose Add Beneficiary / Payee.
- Enter Payee Information: Enter the account holder's full name, account number, and input IFSC Code
PUNB0456100. - Verify Branch: Confirm that the portal automatically displays Punjab National Bank - PAYAL (City: DISTTLUDHIANA).
- Select Transfer Type: Choose IMPS for immediate 24x7 credit (up to ₹5 Lakh), NEFT for general transactions, or RTGS for large transactions over ₹2 Lakh.
- Authenticate Transfer: Enter the amount, verify all details, and approve the payment with your Transaction PIN or OTP.
Who Uses Punjab National Bank PAYAL IFSC Code?
Individuals transferring money via NEFT/RTGS/IMPS, businesses managing payroll, and accountants.
Why Use Our Punjab National Bank PAYAL IFSC Code?
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Frequently Asked Questions
What is the IFSC code for Punjab National Bank PAYAL?
The IFSC code for Punjab National Bank PAYAL is PUNB0456100. This code is essential for making online fund transfers like NEFT, RTGS, and IMPS to this branch.
What is the MICR code for Punjab National Bank PAYAL?
The MICR code is 141024152. It is used by the clearing house to process physical cheques faster.
Where is Punjab National Bank PAYAL located?
The branch is located at PAYAL, DISTTLUDHIANA, PUNJAB.
What is the contact number for Punjab National Bank PAYAL?
The contact number for this branch is Not Available. If it shows 'Not Available', you can try contacting the Punjab National Bank customer care toll-free number.
Can I transfer funds to Punjab National Bank PAYAL using NEFT or RTGS?
Yes, you can transfer funds to this branch using NEFT, RTGS, or IMPS. Simply use the IFSC code PUNB0456100 along with the correct account number.